SEC Form 4 · accession 0001461790-17-000018
NextDecade Corp · NEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Jun 19, 2017
Accepted (ET)
Jun 23, 2017 · 2:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001612720
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value 0.0001 per shareF1 | Jun 19, 2017 | S | 49,250 | $10.30 | A | 1,490,750 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities are owned directly by the K2 Principal Fund, L.P. (the "Fund"), and indirectly by: K2 GenPar L.P., the general partner of the Fund (the "GP"), K2 GenPar 2009 Inc., the general partner of the GP ("GenPar 2009"), Shawn Kimel Investments Inc., which owns 100% of the equity interests in GenPar 2009 ("SKI"), and Shawn Kimel, the sole owner of SKI. SKI owns 66.5% of the equity interests of K2 & Associates Investment Management Inc. ("K2 & Associates"). K2 & Associates is the investment manager of the Fund. Shawn Kimel, through his ownership of SKI and his being president of each of SKI, the GP, GenPar2009 and K2 & Associates, control the voting and disposition of the securities referred to herein.
Remarks
Post the aforementioned sale The K2 Principal Fund L.P ("K2") is not longer an insider as K2 holds less than 10% of the common shares of the issuer.